Get rewarded for your everyday business spending

Get 0.5% cashback on everything you buy, 2% on eligible trade/business suppliers and 1% on eligible fuel and accommodation. Limited to £400 per year

No foreign transaction fees on purchases abroad

Up to 56 days interest-free credit period on purchases

Minimum credit limit £500, maximum credit limit subject to status

Product fees may apply. To apply, you must be a UK resident aged 18 or over. You must maintain a business bank account in the same legal entity name with NatWest. Subject to status, business use only. UK businesses only. Cashback is limited to £400 per year, per account. You can check which spend categories are eligible under trade/business, fuel, and accommodation on the cashback information sheet, and to check if a merchant qualifies, use our merchant checker tool.

Interest-free credit details

Flexible monthly payments

Pay a minimum of the greater of, £5 or that months interest, any default charges, 1/12th of any annual fee and 3% of the remaining balance (excluding any annual fee) or repay the full amount. If you want to pay more than the minimum you’re also able to make additional payments. You can find out more about minimum payments in the 'Charges' tab.

Give your business some added flexibility

Instead of paying the balance in full every month you can just pay the minimum amount by the required date. This is quite handy if your customers are being slow to pay you.

What you should know

If you only pay the minimum payment it will take longer and cost more to clear your balance and there can be a risk of escalating debt, additional interest or charges and of potential financial difficulties.

Allocation of payments

Allocation of payments – in detail

Your payments are used to repay the items on your account in the following order:

to reduce sums shown on your most recent monthly statement, according to their interest rates, with the highest rate paid first; and

if any payment exceeds your most recent monthly statement balance, the excess will then be applied to reduce sums charged to your card but not yet shown on any monthly statement. This is also done according to interest rates, with the highest interest rate paid first.

If parts of either of the balances referred to above have the same interest rate, sums on which interest is charged on interest will reduce first.

Minimum repayment

The minimum payment will be the greater of:
£5 or the full balance if less; or that month’s interest, any Default Charges, 1/12th of any annual
fee and 3% of the remaining balance (excluding any annual fee).
Remember: if you only make the minimum payment it will take longer and cost more to clear your balance.

Minimum payment in detail

that month’s interest, any Default Charges, 1/12th of any annual fee and 3% of the remaining balance (excluding any annual fee).

How to reduce your interest charges

The best way to reduce interest charges on your business credit card is by repaying as much of your balance as you can afford to each month. Even if you want to stick to the minimum payment you currently make by monthly Direct Debit, you can still make extra payments on top, any time you want. The back of your credit card statement explains the variety of payment methods you can use.

Balance transfer to the NatWest Business Plus credit card

Balance transfers – in detail

A balance transfer is when you move the money you owe (the balance) from one credit card provider to another, often with a lower rate of interest. That’s why if you do a balance transfer to the NatWest credit card, you might end up paying less.

How it works

Apply for a NatWest business credit card. If you’re accepted, you can then get in touch to request a balance transfer.

Use our merchant checker to see what cashback you'll earn at your local merchants:

Got more questions? Here are some common ones:

You’ll need the personal details of all of the directors or partners of the business (including their home addresses for the last two years). You’ll also need your basic business details, including your company’s Registration Number (provided by Companies House) if you’re a limited company. The "I want to apply" section on the product page will help you to prepare.

No. The Business Plus credit card is an enhanced product with additional features offered in return for a £70 annual fee. If you're a startup customer interested in a first year free card, the Business credit card may be better suited to your requirements.

You can use your Business Plus credit card to pay for goods and services or withdraw cash almost anywhere in the world, just look out for the MasterCard logo. What’s more, with the Business Plus credit card we won't charge a non-sterling transaction fee on your purchases; so if you’re travelling abroad, or buying from abroad, we won’t charge you a fee for purchases made in a foreign currency. Please note that a cash fee will still apply if you withdraw cash in a foreign currency, and you may be charged a fee by a third-party bank/ATM provider.

You can find out which merchant categories are eligible for cashback under "Trade/business supplies / fuel / accommodation" spend on the cashback information sheet (PDF 74kb). To check if a merchant you use qualifies, please see our merchant checker tool. The amount of cashback you could earn will depend on how much and where you spend, and is limited to £400 per year per Business Plus Credit Card account. For example, if you have two cards the maximum cashback you can earn is £400 per year.

No. The objective of having a separate card for Business spends is to ensure that business and personal spend is kept separate. This is a good accounting practice. Hence the cashback on personal Rewards credit card can not be combined with that on the Business Plus credit card.

Standards of Lending Practice

You may wish to take advice from an independent financial advisor, charity (for example, Citizens Advice) or not-for-profit organisation before entering in to a credit agreement with us. More details can be found on our Standards of Lending Practice for Business Customers page.

You can download the additional cardholder application form

To avoid delays, or the application form being returned, please make sure you’ve completed ALL sections. If we have to decline your application, we’ll send you an email or text message. If your application has been fully completed and is successful we’ll text you and you should receive your new card and PIN within 10-12 working days.

When you’ve completed the application form

Please scan and email the application to Business Credit Card Applications. We'll text you to let you know that we've received your application. If you are unable to scan and e-mail the application, please mail to Cards Customer Services, PO Box 5747, Southend-On-Sea SS1 9AJ, Depot Code 028